Visa, ANZ, and ChinaAMC Complete Cross-Border Settlement Trial Using Chainlink Infrastructure

Visa, ANZ, and ChinaAMC Complete Cross-Border Settlement Trial Using Chainlink Infrastructure

ANZ Bank, ChinaAMC, and Fidelity have completed a cross-border settlement pilot using Chainlink infrastructure.
The pilot was organized by Hong Kong’s central bank to test automated compliance and atomic payments.

American asset manager Fidelity has collaborated with three global financial giants on a cross-border settlement pilot program in Hong Kong. The pilot used Chainlink infrastructure for secure digital asset movement, atomic settlement and automated compliance.
According to the announcement, the pilot brought together payments giant Visa, New Zealand’s largest lender ANZ Bank and the Hong Kong arm of ChinaAMC, one of the region’s largest asset management companies. It was conducted under the second phase of Hong Kong’s CBDC program to assess how tokenized money can improve cross-border transactions.

MILESTONE: Visa, ANZ, ChinaAMC, & Fidelity International complete cross-border settlement solution powered by Chainlink.
Under the Hong Kong Monetary Authority’s

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